First Advantage FA
NASDAQ FA
$20.41 -0.14 (-0.68%)
As of: Sep 10, 2026 · 3:59 PM EDT

First Advantage (FA) Free Cash Flow (2020 - 2026)

First Advantage's (FA) quarterly Free Cash Flow came in at $58.7 million in Q2 2026, up 127.68% on a YoY basis from $25.8 million in Q2 2025, and up 62.1% quarter-over-quarter from $36.2 million in Q1 2026.

Analysis

First Advantage (FA) Free Cash Flow (2020 - 2026) Analysis & Trends

First Advantage (FA) has reported Free Cash Flow for 7 consecutive years, with $58.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow rose 127.68% year-over-year to $58.7 million; the trailing twelve-month figure through Jun 2026 stood at $207.8 million (up 924.99% YoY), and the FY2025 full-year result was $147.5 million, up 6379.57% from the prior year.
  • Free Cash Flow grew to $58.7 million in Q2 2026 per FA's latest filing, from $36.2 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $63.9 million in Q4 2022 and bottomed at -$95.8 million in Q4 2024.
  • Historically, Free Cash Flow has averaged $31.5 million across 5 years, with a median of $36.1 million in 2024.
  • The sharpest annual moves came in 2024 and 2026: Free Cash Flow sank 292.01% in 2024, then soared 309.67% in 2026.
  • Over 5 years, Free Cash Flow stood at $63.9 million in 2022, then slipped by 21.88% to $49.9 million in 2023, then tumbled by 292.01% to -$95.8 million in 2024, then jumped by 155.16% to $52.9 million in 2025, then gained by 11.1% to $58.7 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $58.7 million, $36.2 million, and $52.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Okta 29.81 Bn 27.51 Bn 641.00 Mn 228.00 Mn
2 SailPoint 10.00 Bn 9.60 Bn 181.11 Mn 33.49 Mn
3 Clear Secure 4.31 Bn 3.35 Bn 276.82 Mn 188.98 Mn
4 First Advantage 3.50 Bn 3.26 Bn 203.99 Mn 58.73 Mn
5 Cyberloq Technologies 3.35 Bn 3.35 Bn - -195,823.00
6 Red Violet 1.04 Bn 986.67 Mn 22.90 Mn 7.28 Mn
7 Mitek Systems 769.78 Mn 670.07 Mn 45.92 Mn 25.32 Mn
8 OneSpan 613.27 Mn 569.93 Mn 44.48 Mn -3.28 Mn
9 Intellicheck 52.84 Mn 41.00 Mn 5.42 Mn 1.77 Mn
10 Aware 26.20 Mn 23.30 Mn 2.73 Mn -2.76 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 58.73 Mn
Mar 31, 2026 36.23 Mn
Dec 31, 2025 52.86 Mn
Sep 30, 2025 60.01 Mn
Jun 30, 2025 25.79 Mn
Mar 31, 2025 8.84 Mn
Dec 31, 2024 -95.83 Mn
Sep 30, 2024 36.00 Mn
Jun 30, 2024 25.28 Mn
Mar 31, 2024 32.19 Mn
Dec 31, 2023 49.91 Mn
Sep 30, 2023 28.01 Mn
Jun 30, 2023 26.75 Mn
Mar 31, 2023 32.54 Mn
Dec 31, 2022 63.89 Mn
Sep 30, 2022 40.35 Mn
Jun 30, 2022 49.24 Mn
Mar 31, 2022 36.94 Mn
Dec 31, 2021 60.30 Mn
Sep 30, 2021 23.28 Mn